Application of Rules of the Association and Interpretive Materials thereunder to Certain Exempted Securities

The NASD, through its wholly owned subsidiary, NASD Regulation, Inc., has filed with the SEC a proposed rule change to: (1) codify a staff interpretation that the non-cash compensation provisions set forth in NASD Rule 2820(g) apply to group variable contracts that are exempted securities; and (2) to enumerate those Rules of the Association and Interpretive Materials thereunder that apply to exempted securities, except municipal securities, as previously approved by the Commission.

TitleFormat - SizeStatus
Text of Proposed Rule ChangePDF - 31.59 KB
Amendment No. 1 to Proposed Rule ChangePDF - 8.24 KB
Federal Register NoticePDF - 126.71 KB
Extension LetterPDF - 6.38 KB
Second Extension LetterPDF - 6.38 KB
Response to CommentsPDF - 15.7 KB
Third Extension LetterPDF - 6.38 KB
Extension No. 4PDF - 6.37 KB
Amendment No. 2 to Proposed Rule ChangePDF - 9.1 KB
Extension No. 5PDF - 6.37 KB
Extension No. 6PDF - 6.37 KB
Extension No. 7PDF - 6.39 KB
Eighth Extension LetterPDF - 7.56 KB
Approval OrderPDF - 58.04 KB